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G-20: Let's Make a Deal

GLOBAL BAILOUT

IMF close to getting another $500 billion.

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Jeff J. Mitchell / Getty Images

Determined to show there's an upside to having many cooks in the kitchen, G-20 leaders appeared close to an agreement this morning on pouring new funds into turning around the global recession. For starters, the International Monetary Fund is expected to get $500 billion in additional funding for weak nations and leaders have allocated $250 billion to "stimulate the global economy," the BBC reports. The G-20 have also outlined ways to impose sanctions on tax havens using a "name and shame" approach.

Read it at BBC News

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